The table shows the change in income of students aged under 26 years old in higher education in the United Kingdom over a ten-year period from 1988 to 1999.
During the period of 1989 to 1999, students received 50% less from parental contribution, which fell from 32% to 16% of total income, and thus there was a substantial reduction in receiving income from grants, which fell from 38% to 14%.
On the other hand, there was a gradual increase in receiving income from earnings, which was 6% in 1989 but rose to 12% in 1999. Receiving from other income source had a steady growth, which increased from 24% to 34%. Student loans, which was not represented in 1989, constituted 24% of student income in 1999.
Overall, the total income of students increased; the most significant change was that student loan began to be included in the sources of student income since 1993.
During the period of 1989 to 1999, students received 50% less from parental contribution, which fell from 32% to 16% of total income, and thus there was a substantial reduction in receiving income from grants, which fell from 38% to 14%.
On the other hand, there was a gradual increase in receiving income from earnings, which was 6% in 1989 but rose to 12% in 1999. Receiving from other income source had a steady growth, which increased from 24% to 34%. Student loans, which was not represented in 1989, constituted 24% of student income in 1999.
Overall, the total income of students increased; the most significant change was that student loan began to be included in the sources of student income since 1993.